Latest news with #opticalfiber
Fast Company
05-08-2025
- Business
- Fast Company
Lumen and Corning are reinventing the fiber-optic cable for next-gen AI
BY Over several decades, Lumen Technologies built the largest ultralow-loss fiber-optic network in North America, connecting major cities and data centers through its unparalleled infrastructure. With generative AI requiring significantly more fiber connections to handle unprecedented amounts of data, Lumen recognized a need to increase the amount of fiber in its existing conduits. Lumen is partnering with Corning, inventor of the first low-loss optical fiber in 1970, to create a new fiber that is smaller and more powerful than any previously existing cable, thus increasing the strength, speed, and resiliency of Lumen's network.
Yahoo
07-07-2025
- Business
- Yahoo
OPTICAL CABLE CORPORATION AND LIGHTERA, LLC ANNOUNCE STRATEGIC COLLABORATION
Lightera Makes Investment in OCC ROANOKE, Va. and NORCROSS, Ga., July 7, 2025 /PRNewswire/ -- Optical Cable Corporation (Nasdaq GM: OCC) ("OCC®") and Lightera, LLC ("Lightera") today announced the companies have entered into a strategic collaboration agreement to expand product offerings and solutions—especially for the data center and enterprise sectors. As a global leader in optical fiber and connectivity solutions, Lightera has a long history of industry-leading innovation, design and manufacturing capabilities, including high-performance optical fibers. OCC is a leading manufacturer of fiber optic and copper cabling and connectivity solutions and is internationally recognized for its innovative technologies and product designs. As respected manufacturers in the fiber optic industry, OCC and Lightera have partnered in various ways over many years, and this new strategic collaboration agreement builds on a long successful relationship between the two companies. As a result of this strategic collaboration, OCC and Lightera both expect to benefit from opportunities to capitalize on the ability to offer expanded fiber optic and copper cabling and connectivity solutions to the enterprise sector, the data center sector, as well as an expanded presence in other sectors. The companies will combine portions of the extensive product portfolios of both OCC and Lightera to deliver integrated cabling and connectivity solution offerings, which will be sold by OCC. In connection with this strategic collaboration, Lightera has made an investment in OCC, purchasing shares of OCC common stock from the company and Lightera holding 7.24% of the company's outstanding shares. Management Comments: "We recognize the importance of this strategic joint effort with OCC and the potential opportunities it brings to expand Lightera's presence in the data center and enterprise Passive Optical LAN sectors," said Foad Shaikhzadeh, Chairman and Chief Executive Officer of Lightera. "Lightera is delivering a comprehensive, next-generation solution purpose-built for the modern data center—combining advanced edge technology, scalability, and performance. Our long-standing relationship with OCC, grounded in mutual respect and proven product excellence, positions us to jointly serve the growing demands of this critical customer segment. We are confident that OCC's established presence and reputation in key sectors will amplify the impact of our solution, and we look forward to building on this partnership." Neil Wilkin, Chairman, President and Chief Executive Officer of OCC, said, "We are excited about the opportunities this strategic relationship provides to both companies. OCC has successfully worked with Lightera (and its predecessor OFS Fitel, LLC), for decades, and we look forward to the expansion of our valued business partnership, as well as our continued engagement with the Lightera team. Importantly, we are confident that our strategic collaboration with Lightera, and the resulting Lightera-OCC integrated solutions offered, will significantly expand our opportunities in the data center and enterprise sectors, will accelerate OCC sales growth, and will create significant value for OCC and its shareholders." Lightera, LLC – Company Information Lightera is a global leader in optical fiber and connectivity solutions, delivering innovative technologies that drive communication networks, data centers, and specialty photonics applications. With a deep legacy of expertise in optical science, we provide high-performance solutions that enable faster, more reliable, and more sustainable connections for businesses, communities, and industries worldwide. Headquartered in Norcross, Georgia, U.S.A., Lightera operates with a global footprint, serving customers across a wide range of industries—including telecommunications, enterprise, industrial, utilities, medical, aerospace, and defense—as well as advanced technology sectors such as data centers, 5G/6G, generative AI, and sensing. Lightera is part of Furukawa Electric Group, a multi-billion-dollar leader in optical communications. Optical Cable Corporation—Company Information Optical Cable Corporation ("OCC®") is internationally recognized as a leading manufacturer of a broad range of fiber optic cable and copper cabling and connectivity solutions. OCC offers integrated suites of high-performing, high-quality products that function as a complete system or seamlessly integrate with other components. OCC's broad portfolio includes fiber and copper technologies designed to meet the highest industry standards and perform in the most demanding environments ranging from: commercial, enterprise network, data center, residential and campus installations to customized products for specialty applications and harsh environments, including military, industrial, mining, petrochemical and broadcast applications, as well as for the wireless carrier market. Founded in 1983, OCC is headquartered in Roanoke, Virginia, U.S.A. with offices, manufacturing and warehouse facilities located in Roanoke, Virginia, near Asheville, North Carolina and near Dallas, Texas. OCC's facilities are ISO 9001:2015 registered. Optical Cable Corporation™, OCC®, Procyon®, Superior Modular Products™, SMP Data Communications™, Applied Optical Systems™, and associated logos are trademarks of Optical Cable Corporation. Further information about OCC® is available at FORWARD-LOOKING INFORMATION This news release by Optical Cable Corporation and its subsidiaries (collectively, "OCC") may contain certain forward-looking information within the meaning of the federal securities laws. The forward-looking information may include, among other information, (i) statements concerning our outlook for the future, (ii) statements of belief, anticipation or expectation, (iii) future plans, strategies or anticipated events, and (iv) similar information and statements concerning matters that are not historical facts. Such forward-looking information is subject to known and unknown variables, uncertainties, contingencies and risks that may cause actual events or results to differ materially from our expectations, and such known and unknown variables, uncertainties, contingencies and risks may also adversely affect Optical Cable Corporation and its subsidiaries, OCC's future results of operations and future financial condition, and/or the future equity value of OCC. A partial list of such variables, uncertainties, contingencies and risks that could cause or contribute to such differences from our expectations or that could otherwise adversely affect Optical Cable Corporation and its subsidiaries is set forth in Optical Cable Corporation's quarterly and annual reports filed with the Securities and Exchange Commission ("SEC") under the heading "Forward-Looking Information." OCC's quarterly and annual reports are available to the public on the SEC's website at In providing forward-looking information, OCC expressly disclaims any obligation to update this information, whether as a result of new information, future events or otherwise except as required by applicable laws and regulations. OPTICAL CABLE CORPORATION LIGHTERA LLC 5290 Concourse Drive 2000 NE Expressway Roanoke, VA 24019 Norcross, GA 30071 (Nasdaq GM: OCC) AT OCC: AT LIGHTERA: Tracy Smith Sherry Salyer Senior Vice President & CFO Director of Marketing Communications, (540) 265-0690 Marketing / Specialty Solutions investorrelations@ FOR OCC AT JOELE FRANK, WILKINSON BRIMMER KATCHER: Aaron Palash Spencer Hoffman (212) 355-4449 ext. 8603 212) 355-4449 ext. 8928 occ-jfwbk@ occ-jfwbk@ View original content to download multimedia: SOURCE Optical Cable Corporation Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-05-2025
- Business
- Yahoo
HFCL Ltd (BOM:500183) Q4 2025 Earnings Call Highlights: Strategic Investments and Export Focus ...
Release Date: May 23, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. HFCL Ltd (BOM:500183) is well-positioned to capitalize on the growing demand for high-capacity optical fiber cables, driven by the expansion of hyperscale data centers and 5G rollouts. The company has made significant investments in defense technologies, including ground surveillance radars and night vision devices, which are expected to generate substantial revenue. HFCL Ltd (BOM:500183) has a strong order book of INR 9,967 crore as of March 31, 2025, indicating robust future revenue potential. The company has successfully developed indigenous MPLS routers and 5G fixed wireless access equipment, securing orders worth INR 800 crore and INR 174 crore, respectively. HFCL Ltd (BOM:500183) is focusing on export markets, particularly for fiber optic cables and telecom equipment, which is expected to drive significant revenue growth. The company experienced a downturn in optical fiber cable demand, leading to lower capacity utilization and impacting financial performance. HFCL Ltd (BOM:500183) faced margin pressure from newly launched telecom products and slower customer uptake in its EPC business. The company's profit after tax for FY25 was significantly lower at INR 173 crore compared to INR 380 crore in FY24. There were delays in defense product trials due to supply chain issues, impacting the timeline for revenue generation from these products. The company is cautious about taking new EPC orders due to concerns about payment timelines and milestone-based payments. Warning! GuruFocus has detected 2 Warning Sign with BOM:500183. Q: What strategies does HFCL have in place to regain global market share, especially in Europe and Southeast Asia, and how do reciprocal tariffs impact exports? A: Export is a cornerstone of HFCL's strategy to increase revenue, focusing on markets outside India, which constitute 95% of the global market. HFCL is concentrating on fiber optic cable exports, with significant orders from North America and Europe. The reciprocal tariffs currently at 10% have not significantly impacted exports, as costs are often shared with customers. HFCL has recommended zero tariffs for optical fiber cable imports to the government. (Respondent: Unidentified_3) Q: How does the demand from data centers differ from telco CapEx, and what is HFCL's focus in this area? A: Data centers, particularly hyperscale ones, are driving significant growth in fiber optic cable demand. HFCL is focusing on exporting not only fiber optic cables but also passive connectivity solutions required within data centers. The demand for high-capacity cables is expected to continue for at least the next five years, driven by the rise of artificial intelligence and increased data usage. (Respondent: Unidentified_3) Q: What is the outlook for fixed wireless access (FWA) equipment in India and international markets? A: HFCL is manufacturing FWA equipment for both India and international markets. In India, there is a continuous demand for FWA as it provides broadband connectivity over wireless. HFCL has supplied significant quantities and received new orders. For international markets, HFCL is developing new designs to cater to different spectrum requirements and indoor equipment preferences. (Respondent: Unidentified_3) Q: What is HFCL's outlook on the demand for defense products in India, and what role is the company playing in this sector? A: HFCL sees a high demand for defense equipment, driven by the need for enhanced defense preparedness. The company is focusing on ground surveillance radars, night vision devices, electronic fuses, and communication equipment. HFCL has received commendation for its work on the NFS network for the army and expects to start revenue from surveillance radars and night vision devices in the current financial year. (Respondent: Unidentified_3) Q: How long is the transitional period expected to last, and when will HFCL see significant growth? A: The transitional period is expected to last until the end of the current quarter. HFCL anticipates significant growth starting from the next quarter, driven by full capacity utilization, new orders, and the implementation of projects like Bharatnet. The company expects a strong rebound in revenue from various sectors, including fiber optic cables and defense products. (Respondent: Unidentified_3) For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
